New Downtown Hotel Project using TIF payments
Town of IowaCity · SD- Disclosed value
- $1,900,000
- From meeting minutes
- Document date
- May 20, 2025
The 30-second brief
City intends to enter into a Development Agreement with ES 2024 Mason City Hotel Associates, LLC, to construct the proposed Downtown Hotel and will receive Tax Increment Financing payments of up to $1,900,000.
Mason City Hotel Associates holds this development contract with Town of Iowa. Its other public contracts on record include work for City of Mason and Town of Mason.
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Contract details
- Contract type
- Development
- Amount
- $1,900,000
- Document date
- May 20, 2025
- Term
- NA
- Agency
- Town of Iowa
- Source document
- town-of-iowa-meeting-minutes-2025-05-20_9fd.pdf (Meeting Minutes)
Mason City Hotel Associates's other public contracts
More Town of Iowa contracts
Questions about this contract
Who was awarded the development contract by Town of Iowa?
Mason City Hotel Associates was awarded this development contract by Town of Iowa, as recorded on May 20, 2025. The contract value is $1,900,000.
How much is the Mason City Hotel Associates contract with Town of Iowa worth?
The Mason City Hotel Associates contract with Town of Iowa is valued at $1,900,000, covering development work.
What type of contract is this?
This is a Development contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-iowa-meeting-minutes-2025-05-20_9fd.pdf (Meeting Minutes), dated May 20, 2025 from Town of Iowa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mason City Hotel Associates hold?
Mason City Hotel Associates may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Iowa currently buying?
Explore Town of Iowa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.